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News

Silver Spike Acquisition Corp. And WM Holding Company, LLC Announce Registration Statement Effectiveness And June 10, 2021 Scheduled Special Meeting To Approve Business Combination

Author: Bill Haddad | May 27, 2021 09:10am

All owners of SSPK Common Stock as of May 19, 2021 are encouraged to vote their shares before June 9, 2021

Silver Spike Acquisition Corp. (NASDAQ:SSPK), a publicly traded special purpose acquisition company ("Silver Spike"), and WM Holding Company, LLC ("WMH" or the "Company"), a leading technology and software infrastructure provider to the cannabis industry, today announced that Silver Spike's registration statement on Form S-4 (File No. 333-252186), relating to the previously announced merger of Silver Spike and WMH, has been declared effective by the U.S. Securities and Exchange Commission. Silver Spike also announced that it will hold the extraordinary general meeting of shareholders (the "Special Meeting") on Tuesday June 10, 2021 at 10:00 a.m. ET to approve, among other things, the business combination with WMH. The Special Meeting will be held at the offices of Silver Spike, located at 660 Madison Ave., Suite 1600, New York, New York 10065.

Shareholders of record as of May 19, 2021 are entitled to receive notice of and to vote at the Special Meeting. Shareholders are encouraged to vote before 11:59 p.m. ET on June 9, 2021.

If the proposals at the Special Meeting are approved, the parties anticipate that the business combination will close shortly thereafter, subject to the satisfaction or waiver (as applicable) of all other closing conditions. Upon consummation of the business combination, Silver Spike intends to change its name to "WM Technology, Inc." and apply for the continued listing on the Nasdaq of its Class A common stock and warrants under the symbols "MAPS" and "MAPSW," respectively.

Silver Spike shareholders who need assistance in completing the proxy card, need additional copies of the proxy materials, or have questions regarding the Special Meeting may contact Silver Spike's proxy solicitor, D.F. King & Co., Inc., at (212) 269-5550 (banks and brokers call collect at (877) 478-5045) or email at SSPK@dfking.com.

Posted In: SSPK